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Dec 6, 2012
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matthew brady's cooper union of abraham lincoln. he took it on the same day he gave his cooper union address. he was presidential candidate lincoln and it's he believed that speech he gave that night in which he outlined his speech about slavery, that speech is thought to have helped win lincoln the republican nomination and later the white house. this is the building where lincoln gave that speech in the east village of lower manhattan. what is now the administrative building of one of the most affordable colleges in country, it's free. the guy who gave cooper union the name, peter cooper, an industrialist and inventor and onetime presidential candidate himself believed that the best education should be ax ses i believe to anyone that qualified to get in. anyone including women and people of color. the question of whether a student can pay for tuition, he thought that should be irrelevant. for more than a century now every student has received a full tuition scholarship at one of the best colleges of the country. that's the mission
matthew brady's cooper union of abraham lincoln. he took it on the same day he gave his cooper union address. he was presidential candidate lincoln and it's he believed that speech he gave that night in which he outlined his speech about slavery, that speech is thought to have helped win lincoln the republican nomination and later the white house. this is the building where lincoln gave that speech in the east village of lower manhattan. what is now the administrative building of one of the...
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Dec 7, 2012
12/12
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under a right to work law, employees of a union shop don't have to pay union dues. the employees get the benefit of the union, the higher wages and better health care, all of that, but they do not have to pay for it. why pay money if you can have something for free? for unions, the results of this are close to catastrophic which is why republicans and big business love right to work laws. they are a way of destroying unions. the same heritage foundation that will be jim demint's new home says union membership fell by 15% in states that passed right to work. union organizing fell by half, passing a right to work law stops unions and it stops organizing. on the labor left, the economic policy institute reports that wages fall by more than 3% after you institute right to work. and pensions take a hit, too. that's why unions call right to work the right to work for less. with governor snyder saying he wanted no part of a fight over right to work just a few months ago, the move to pass a bill in michigan was, well, kind of surprising. it appears to have started this year
under a right to work law, employees of a union shop don't have to pay union dues. the employees get the benefit of the union, the higher wages and better health care, all of that, but they do not have to pay for it. why pay money if you can have something for free? for unions, the results of this are close to catastrophic which is why republicans and big business love right to work laws. they are a way of destroying unions. the same heritage foundation that will be jim demint's new home says...
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Dec 6, 2012
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we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15, seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently! and introducing 7 lunch choices for just $7.99. salad, sandwiches, and more. or that printing in color had to cost a fortune. nobody said
we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. to tell real people about our new 15...
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Dec 6, 2012
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, 200 fast-food works are went on strike in new york city, calling for $15 an hour and the right to unionize. the protests, organized bay group called fast-food forward, draw attention to low-wage jobs. according to the atlantic, borough of labor statistics estimate 7 out of 10 will be low wage fields. nationally, fast food workers earn $8.72 an hour, or a little more than $18,000 a year, according to the bls. to put that in perspective, poverty line for a family of four is over $23,000, according to the census bureau. contrary to popular belief the people working these jobs are not teenagers. they are people in their late 20s and early 30s, trying to support a family. joining the panel now, the director of the fast food forward campaign, jonathan weston. >> thanks for having me there we were saying this is the time to be having this conversation. >> definitely because of the arlgment in d.c. and the holiday season when we think about when we're in stores buying things and thinking about wages, pocketbooks, and the neediest. i want to talk about fooast foo forward. tell us about your efforts
, 200 fast-food works are went on strike in new york city, calling for $15 an hour and the right to unionize. the protests, organized bay group called fast-food forward, draw attention to low-wage jobs. according to the atlantic, borough of labor statistics estimate 7 out of 10 will be low wage fields. nationally, fast food workers earn $8.72 an hour, or a little more than $18,000 a year, according to the bls. to put that in perspective, poverty line for a family of four is over $23,000,...
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Dec 12, 2012
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union power and the guy the unions call a "rat" the michigan governor is here. now. >> welcome, big news, i am neil cavuto, 24 hours after governor snyder signed the right-to-work legislation into law, sparking all of the angry protests, it looks like the battle is just going. leave us alone. or we are coming for you. we are done. >>neil: some unions are out for a lot more than their point of view be but for blood and they are not holding back. and neither are state lawmakers. >> we are going to pass something that will undo 100 years of labor relations. there will be blood. >>neil: everyone should cool that. but is the governor worried about what he unlived? the michigan governor snyder with me now. are you surprised by this, governor? >>guest: it is good to be with you. i knew this is a divisive issue with a lot of protests before we started considering the bills. this is the right thing to do. it is actually is being pro worker, they have a right to choice and shouldn't they have the choice depending on whether their pay dues? this brings jobs to michigan and
union power and the guy the unions call a "rat" the michigan governor is here. now. >> welcome, big news, i am neil cavuto, 24 hours after governor snyder signed the right-to-work legislation into law, sparking all of the angry protests, it looks like the battle is just going. leave us alone. or we are coming for you. we are done. >>neil: some unions are out for a lot more than their point of view be but for blood and they are not holding back. and neither are state...
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Dec 7, 2012
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. >> and demint is an outspoken opponent of labor unions and workers rights. >> i don't believe collective bargaining has any place in government. >> including at a federal level? >> including at the federal level. that's what elections are. collective bargaining. >> house democratic leader nancy pelosi pointed out jim demint was one of the ringleaders in voting down the u.n. treaty for people with disabilities this week. >> that was one of the saddest days, so anyone who was a party to that, well, i wish them well wherever they are going and hope that we can have more of our values represented there. >> it was demint and his tea party allies who pushed the country to the brink of default back in 2011. this is what demint told abc news about republicans who tried to strike a debt deal. >> what happens if -- what happens to republicans who go along with a debt ceiling increase? if they go along with the debt ceiling increase without a balanced budget amendment and the kind of stuff you're talking about? >> i think for the most part they're gone. it would be the most toxic vote we could take
. >> and demint is an outspoken opponent of labor unions and workers rights. >> i don't believe collective bargaining has any place in government. >> including at a federal level? >> including at the federal level. that's what elections are. collective bargaining. >> house democratic leader nancy pelosi pointed out jim demint was one of the ringleaders in voting down the u.n. treaty for people with disabilities this week. >> that was one of the saddest days,...
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Dec 12, 2012
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picking the pockets of non union employees on union work sites. i think you should tell the president and vice president don't pick the american pockets so much. you know, i think republicans at the end of the day want to make a strategic move to extend the middle class tax cuts. but i think these huge revenue numbers which pick taxpayer pockets. don't go so far in that. taxpayers have limits. >> larry, i thought your position in that interview was right. i was thinking i'm glad larry is here in town comes down to my town to talk about economic growth. and we can have all kinds of arguments that you and i have had for years. but your position was right. we have to solve this problem which is going to involve problems in the interest in the economy and full session. nobody is arguing that they are going to do anything to stimulate the economy. they have said the opposite. president obama was saying you don't do this in the middle of a recession. i think jacking up the taxes on the job creators on small businesses it is like 700,000 jobs. >> what ka
picking the pockets of non union employees on union work sites. i think you should tell the president and vice president don't pick the american pockets so much. you know, i think republicans at the end of the day want to make a strategic move to extend the middle class tax cuts. but i think these huge revenue numbers which pick taxpayer pockets. don't go so far in that. taxpayers have limits. >> larry, i thought your position in that interview was right. i was thinking i'm glad larry is...
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Dec 12, 2012
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you have a great union there. is this right to work thing really going to hurt your union and kill the esprit de corps of the union workers? why would this hurt them? >> i don't think it will in the uaw. we have great membership loyalty. the problem is it's just the first step. we have watched in this state right wing legislatures pass laws to take away the collective bargaining rights from public sector employees on health care and pensions. they did a petty vindictive law that took away the right to dues deductions for teachers. that's why we're fighting here today, we want to stop this before they try it take away the rights of private sector workers to bargain over wages or pensions or health care. this is about democracy and about america. also want to say for economic hey sis, it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs.
you have a great union there. is this right to work thing really going to hurt your union and kill the esprit de corps of the union workers? why would this hurt them? >> i don't think it will in the uaw. we have great membership loyalty. the problem is it's just the first step. we have watched in this state right wing legislatures pass laws to take away the collective bargaining rights from public sector employees on health care and pensions. they did a petty vindictive law that took away...
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Dec 11, 2012
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back was broken by a bunch of thug cops who hated unions. now, all i want to say to those guys there are a lot of you out there who have done remarkable work for the workers in the country. do not take what you heard here. it's not people who understand all your history. there is no reason to have to. >> greg: you can bring that up to negate any criticism of the union to commit violence against innocent people. well done. >> eric: we have to go. that is if it for "the five." thank you for watching. >> dana: on that note. >> greg: unbelievable. >> bret: good evening. i'm bret baier. this is a fox news alert. tonight, michigan, the home of the american automobile industry, state that has been dominated by big labor unions, is now a right to work state. michigan's republican governor has just signed a bill in to law ending union ability to force workers to pay dues. february they are not in the union. democrats are predicting a warning of blood in the streets. here is what the governor said moments ago about why he supported the legislation. >>
back was broken by a bunch of thug cops who hated unions. now, all i want to say to those guys there are a lot of you out there who have done remarkable work for the workers in the country. do not take what you heard here. it's not people who understand all your history. there is no reason to have to. >> greg: you can bring that up to negate any criticism of the union to commit violence against innocent people. well done. >> eric: we have to go. that is if it for "the...
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Dec 11, 2012
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the same-sex marriage and civil union. i pointed out that i'm in favor and i don't favor civil union or gay marriage. >> you're so far right on this issue, they're not going to do anything about dom aurks. they want to put it in the constitution that you can never have a same-sex marriage. >> it's not going to happen. there's not enough votes in either party. that is a problem. what did happen in that committee, in the general committee on the platform for the first time there was outright vocal, healthy opposition to that language. in fact, there was an intent to compromise with civil unions. obviously, that failed. >> why don't you have a floor demonstration like in the old days. stand up on the floor for everybody's pro-gay rights. why don't you go to the floor of your convention and say this isn't fair? >> well, what happened is you saw an anchor around the neck of candidates up and down the ticket. that platform usually platforms are a no consequence for any candidate at any time. but this cycle, it actually matter. >
the same-sex marriage and civil union. i pointed out that i'm in favor and i don't favor civil union or gay marriage. >> you're so far right on this issue, they're not going to do anything about dom aurks. they want to put it in the constitution that you can never have a same-sex marriage. >> it's not going to happen. there's not enough votes in either party. that is a problem. what did happen in that committee, in the general committee on the platform for the first time there was...
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the bill strips unions of power in the state. tomorrow protesters are planning to invade the state capital in lansing. that's where we find dave spencer with an update. dave? >> state police are estimating 10,000 protesters when the sun comes up. they've closed streets out around the capitol, restricting park around here. some of the schools in metro detroit will be closing so that teachers representing the teacher union will have a chance to come down to lansing to be one of those 10,000 having their voices heard. what the right to work bill will do will essentially make it an option for an employee to join a union and still get those benefits. supporters say that will be good for michigan, bringing in business, while opponents say while it may bring in business employee wages will be brought down due to collective bargaining. this controversy started when the governor, governor rick snyder, said for a bill comes across his desk, he will sign it. that prompted the house and senate to begin their legislation, bringing out protest
the bill strips unions of power in the state. tomorrow protesters are planning to invade the state capital in lansing. that's where we find dave spencer with an update. dave? >> state police are estimating 10,000 protesters when the sun comes up. they've closed streets out around the capitol, restricting park around here. some of the schools in metro detroit will be closing so that teachers representing the teacher union will have a chance to come down to lansing to be one of those 10,000...
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and it would mean that you wouldn't have to join a union, it would haven't to pay union dues, how did this happen? >> this just came out of the blue and the republicans just got their ducks in a row and they control the house and the senate and the governor ship in the senate, even though it's a state that barack obama carried. they got this through in the house and senate. it's a big deal, it's a poison pill for the eurounions, they h right to work. a lot of new businesses when they're looking at building new factories or building new plants, they won't even consider states that are not right to work. so much of the growth in this country is in the right to work states. so i think economically, if it passes, it will be probably tuesday or wednesday when we get a final vote on this, i think it puts michigan, a state with a 10%, 11% unemployment rate, puts that state right back on the nap. >> si stephen correct that this actually economically makes sense, even if politically, it seems kind of like out of step with the times? >> i go worback and forth on th on the down side, it goes for
and it would mean that you wouldn't have to join a union, it would haven't to pay union dues, how did this happen? >> this just came out of the blue and the republicans just got their ducks in a row and they control the house and the senate and the governor ship in the senate, even though it's a state that barack obama carried. they got this through in the house and senate. it's a big deal, it's a poison pill for the eurounions, they h right to work. a lot of new businesses when they're...
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Dec 11, 2012
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union thugs beat the crap out of people -- >> bob: union thugs? >> eric: and teachers are -- >> greg: what do you call dish >> dana: you call people scabs and you are upset someone says union thugs? >> andrea: how can you have it both ways? you are a tough group that put the giant inflatable rafts in front of the construction projects or nonunion construction par projects across the country or you're now a little victim who can't help themselves and everyone else is -- you're a big group that go on people's houses in wall street and bully those people and trespass. and overwhelm them and -- >> bob: wall street does that. >> andrea: where are the unions? >> dana: the unions did have an effective and important role in past. but i also think that other -- as companies have had to evolve, the unions need to evolve as well. they are getting terrible advice right now and there are ways to work with the governor, what only has their best interest in mind. what else does he want? why else would he do it? why? why? >> eric: >> bob: it brings people in to t
union thugs beat the crap out of people -- >> bob: union thugs? >> eric: and teachers are -- >> greg: what do you call dish >> dana: you call people scabs and you are upset someone says union thugs? >> andrea: how can you have it both ways? you are a tough group that put the giant inflatable rafts in front of the construction projects or nonunion construction par projects across the country or you're now a little victim who can't help themselves and everyone else...
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Dec 13, 2012
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they are forced to join the union, forced to pay mon tote union and the unions spend the monoa political party they don't agree with -- that's not freedom. that's not liberty. that's not pro-choice. why wouldn't you support the right of people to choose? >> that's an out-of-context descringz of the problem. the problem is without unions, there is no counterforce to big business-- >>> it's legalized theft -- >> give me a chance. there is no counter force to big business to people who say, let's cut the salaries and outsource your job, everybody's only about profit and it is not about making sure that employers-- >>> you want the government -- [overlapping dialogue] >> it's called forced association. our founders would be in shock understanding that to get a particular job, you had to join an association that you may fundamentally disagree with, as the cost of employment. it is forced association. it is not protected by the first amendment. it is forced association. the right-to-work laws don't eliminate the unions-- >>> that's right -- let me bring up one point. a lot of good unions in de
they are forced to join the union, forced to pay mon tote union and the unions spend the monoa political party they don't agree with -- that's not freedom. that's not liberty. that's not pro-choice. why wouldn't you support the right of people to choose? >> that's an out-of-context descringz of the problem. the problem is without unions, there is no counterforce to big business-- >>> it's legalized theft -- >> give me a chance. there is no counter force to big business to...
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Dec 10, 2012
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. >> the democrats who became cold war conservatives were willing to call the soviet union what it was. >> right. >> was a huge -- that was the intellectual breakthrough for the cold war. starting in 1978 with howard jarvis, the anti-statism. but you're right. we had an era with reagan that was ratified by clinton. when he said the era of big government is over. but we still don't know quite what we're in now except that we want lots of things and we don't want to pay for them. >> and you know, mika -- >> that's exactly it. >> you see the missed opportunities. it's not just the stupid things that are said on talk radio or that are written in being books written in the blogosphere that hurts the conservative cause, it's what is not said. like, for instance, yesterday nick christoph wrote an extraordinary op-ed talking about how conservatives have a point. that the liberal welfare state actually discourages, in many cases, hard work and discourages people -- enslaves people to a life of misery. and he gave a great example of how ssi benefits actually cause parents in the appalachians to
. >> the democrats who became cold war conservatives were willing to call the soviet union what it was. >> right. >> was a huge -- that was the intellectual breakthrough for the cold war. starting in 1978 with howard jarvis, the anti-statism. but you're right. we had an era with reagan that was ratified by clinton. when he said the era of big government is over. but we still don't know quite what we're in now except that we want lots of things and we don't want to pay for...
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Dec 12, 2012
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you would not know it watching the boisterous union protests, but unions are left intact by this new law. as is, the right to collective bargaining. the big victory for worker rights today, the elimination of the power of both public and private unions to demand and a worse dues from workers and the end of union power to force workers to pay what have been mandatory dues. michigan becomes the 24th state to enact right to work laws after legislation passed the state house of representatives and was sent on to governor rick snyder for his signature. protesters of this new law number some 10,000 at today's demonstrations. most league made up of uaw union of the workers, machinists, teachers, sometimes angry crowds that seem to be taking cues from their democratic leaders. one group described by those on the ground as a mob chanting and go home while tearing down a conservative activist group tent. a member of that mob scene right here. this as protesters are heard in the background threatening the police with violence. here he is trying to plead with pro union protesters to be less phys
you would not know it watching the boisterous union protests, but unions are left intact by this new law. as is, the right to collective bargaining. the big victory for worker rights today, the elimination of the power of both public and private unions to demand and a worse dues from workers and the end of union power to force workers to pay what have been mandatory dues. michigan becomes the 24th state to enact right to work laws after legislation passed the state house of representatives and...
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Dec 13, 2012
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there is the private union and the public union. >> right. >> greta: and the public-sector union is so vastly different in one respect, you know, lawyers always have to worry about the conflict of interest. but there is something bizarre about a public-sector union, putting somebody in office and then negotiating with that somebody for the person's wages or benefits. >> right. >> greta: public service. there is a horrible conflict of interest that i don't know how it correct t. i just know that it exists because, you know, you are negotiating with the person who put in office. >> exactly. right! they go raise money for this guy, they nominate him and then they elect him. he wins by a few poign points and they want to negotiate the contract, joe, you and i are buddies. let's talk it over. so have you an inherent conflict of interest. the public prb with the public unions, look, we are borrowing 40 cents out of every dollar we spend. mon of the public unions when i wrote by book, the federal government, the pay and benefits combined of the average federal worker were about twice what the
there is the private union and the public union. >> right. >> greta: and the public-sector union is so vastly different in one respect, you know, lawyers always have to worry about the conflict of interest. but there is something bizarre about a public-sector union, putting somebody in office and then negotiating with that somebody for the person's wages or benefits. >> right. >> greta: public service. there is a horrible conflict of interest that i don't know how it...
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Dec 11, 2012
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it's bad for union, not union. but one thing it is going to be good for right now, it's going to show working people in the state of michigan that we in fact need to be at the table, that we can't have outside organizations or legislatures or governors who think that they have all the answers and they don't want to include everyone in the discussion. that's not the way you recreate a state. that's not the way you contribute in a global economy. workers have a lot to offer. it's unfortunate that governor snyder didn't get that. >> congressman gary peters, cindy estrada, wau, great to have you with us. >>> stay tuned. we'll tell you exactly where they're going in the next fight. s military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or
it's bad for union, not union. but one thing it is going to be good for right now, it's going to show working people in the state of michigan that we in fact need to be at the table, that we can't have outside organizations or legislatures or governors who think that they have all the answers and they don't want to include everyone in the discussion. that's not the way you recreate a state. that's not the way you contribute in a global economy. workers have a lot to offer. it's unfortunate that...
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Dec 12, 2012
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workplaces pay union dues. an army of officers have been guarding the governor's office all day. some of these demonstrators have been here since 5:00 this morning. the republican governor has signed the law. >> with a stroke of a pen, take our rights away. it's offensive. >> reporter: supporters call it right to work, but unions say it's nothing less than an effort to cut their bargaining power. less dues means less influence. the afl-cio says the average worker in right to work states earns $1,500 less than workers in states without those laws. >> these so-called right to work laws, they don't have to do with economics, they have everything to do with politics. what they're really talking about is giving you the right to work for less money. >> reporter: but supporters say the law encourages business. chris beckering owns a construction company and predicts the bill will allow his company to hire more workers. >> this will attract more businesses to michigan. those businesses will need space and we're here to
workplaces pay union dues. an army of officers have been guarding the governor's office all day. some of these demonstrators have been here since 5:00 this morning. the republican governor has signed the law. >> with a stroke of a pen, take our rights away. it's offensive. >> reporter: supporters call it right to work, but unions say it's nothing less than an effort to cut their bargaining power. less dues means less influence. the afl-cio says the average worker in right to work...
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Dec 10, 2012
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the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fex office. >> two big stories coming together today in michigan. first off, the new right to work rules will become law tomorrow. the unions are absolutely furious out protesting yesterday and big demonstrations still to co
the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the...
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Dec 12, 2012
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unions. since the elections of 2010 we have seen this in indiana and wisconsin. republicans tried to do that in ohio too. and voters repealed the anti-union law by 22 points. today republicans succeeded in taking away union rights. they succeeded in weakening unions in the cradle of american labor, in michigan, in walter reuther's home. it didn't even take them all that long. >> mr. speaker, i have a question of final passage of senate bill 116. there are 58 aye votes and 52 nay. >> having voted for, the bill is passed. >> the michigan legislature today finished what they started out of the blue last week. they passed a pair of bills to take union rights away from public employees, and this is important, from workers in the private sector. you can see the reaction from supporters of union rights today at the capitol. more than 10,000 people gathered on the lawn outside. they say the protests today in michigan the largest the state has ever seen. the bills weaken unions in michigan by making i
unions. since the elections of 2010 we have seen this in indiana and wisconsin. republicans tried to do that in ohio too. and voters repealed the anti-union law by 22 points. today republicans succeeded in taking away union rights. they succeeded in weakening unions in the cradle of american labor, in michigan, in walter reuther's home. it didn't even take them all that long. >> mr. speaker, i have a question of final passage of senate bill 116. there are 58 aye votes and 52 nay. >>...
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unions may not like it. it is pro-workers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear and what 2013 has in store for us. ♪ . twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducinthe ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10larges chooseshares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. readnd consider it carefully before investing. risk includes possible loss of principal. readnd consider it carefully [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho!
unions may not like it. it is pro-workers pro-growth, pro-employment, pro-economy. you name it. good for them. still to come my two cents more on barney frank's next career move. it is a shocker. will it be a merry little christmas for the stock market? scott martin will tell us whether santa will bring a bull or a bear and what 2013 has in store for us. ♪ . twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i...
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it is because of his union that he's provided a bullet proof vest. it is because of his union, mr. speaker, that you and i feel safe today on the house floor. >> i object to this -- to this legislation proposed legislation. i object to the process in which it is being put before the people. >> those democrats can't stop michigan from becoming the next right-to-work state. ironically, this year marks the 75th anniversary of the flint sit-down strike when several hundred auto workers forced gm to the table to improve safety standards and working conditions. michigan's united autoworkers stood up to the bosses and national guard for 44 days and the victory changed the uaw from a loose collection of locals to the powerful union it is today. but they are challenged. tonight, michigan is starting the next chapter a long history of fighting for workers' rights. let's bring in senator debbie stabenow. senator, this is a real stuff one to stomach for a lot of workers and middle classers in this state. in the big picture, what does this mean for michigan and the country? >> first of all, ed,
it is because of his union that he's provided a bullet proof vest. it is because of his union, mr. speaker, that you and i feel safe today on the house floor. >> i object to this -- to this legislation proposed legislation. i object to the process in which it is being put before the people. >> those democrats can't stop michigan from becoming the next right-to-work state. ironically, this year marks the 75th anniversary of the flint sit-down strike when several hundred auto workers...
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. >> unions and! unions. >> the american middle class put president obama back in office. billionaires' are playing get back on the working class. andy carroll is here to unmask the dark money behind the michigan attacked. michigan senator debbie stabenow and verge pinero with the game plan to fight back. >>> john maynor has erick kanter and paul ryan keeping the tea party on line. jan shakur boesky tells us what republicans really have up their sleeves. karl rove is back. the man who wasted millions of dollars on the electrical is now predicting a fiscal close outcome. >>> dick cheney has once again reared his head to attack president obama's foreign-policy. lawrence wilkerson will show us how what the former vice president still isn't shooting straight. >>> good to have you with us. thanks for watching. michigan became the 24 states in the union to past so-called right to work legislation, a major birthplace of the labor moment became the latest target of the right wing. big money interest infiltrating statehouses across this nation. this is what is happening. it's time
. >> unions and! unions. >> the american middle class put president obama back in office. billionaires' are playing get back on the working class. andy carroll is here to unmask the dark money behind the michigan attacked. michigan senator debbie stabenow and verge pinero with the game plan to fight back. >>> john maynor has erick kanter and paul ryan keeping the tea party on line. jan shakur boesky tells us what republicans really have up their sleeves. karl rove is back....
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and the bottom line is that even today, as we hear positive news about the banking union, the europeans are begrudgingly and distressing structural issues. >> give us one crazy wild card idea for 2013. >> oh, i like that, i like that. >> you thought spanish stocks are in a crazy enough idea? >> no, that loco. we were crazy. not loco. >> boy, i tell you, i think the place to be is in precious metals. silver. >> silver as opposed to gold? >> silver is the beta trade. >> lead. >> i have been long lead. >> more economic? terms of a trade. >> the last question, which is the most important, your company owns part of the dodgers. >> mm-hm. >> how much are you spending this year? >> well we don't own the dodgers. we put the deal together. >> but you're in there. how much will the dodgers spend this year? >> the dodgers will spend the amount of money they think is efficient to win this series. >> i knew you were going to dodge that question. >> ha, ha, ha. top that. >> thank you, scott, as always, good to see you. okay, moving along. >> on deck, is the fed building a new house of cards? why the
and the bottom line is that even today, as we hear positive news about the banking union, the europeans are begrudgingly and distressing structural issues. >> give us one crazy wild card idea for 2013. >> oh, i like that, i like that. >> you thought spanish stocks are in a crazy enough idea? >> no, that loco. we were crazy. not loco. >> boy, i tell you, i think the place to be is in precious metals. silver. >> silver as opposed to gold? >> silver is the...
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are you serious this is not anti-union? >> i don't view it as pro or anti-union. unions just need to be responsive to people to step up and deliver value. and workers have that choice. and workers should have that choice. they shouldn't be compelled to join something they don't see value in. >> virg bernero, isn't it interesting how government in michigan is so concerned about the relationship between union and its workers? >> yeah, it's interesting this freedom, freedom and this choice. you know, if the governor and others who are for this believe really in this kind of freedom and choice in a democracy, then why don't they make taxes voluntary? because the reality is that that's what union dues are. the majority has voted for a union, and the majority rules in a democracy. just like the majority voted for rick snyder. i might not agree with his policies as governor, but i don't have a choice to hold back on my taxes. i might not agree with the direction the president is taking, but i got to pay my federal taxes or the irs will come after me. so the idea that you
are you serious this is not anti-union? >> i don't view it as pro or anti-union. unions just need to be responsive to people to step up and deliver value. and workers have that choice. and workers should have that choice. they shouldn't be compelled to join something they don't see value in. >> virg bernero, isn't it interesting how government in michigan is so concerned about the relationship between union and its workers? >> yeah, it's interesting this freedom, freedom and...
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you can pretty much do anything and still keep your job if you're in the union. we will explain when "power lunch" returns. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideas off of him. tdd# 1-800-345-2550 they're always there for me. tdd# 1-800-345-2550 and i've got tools that let me customize my charts tdd# 1-800-345-2550 and search for patterns as they happen. tdd# 1-800-345-2550 plus webinars, tdd# 1-800-345-2550 live wor
you can pretty much do anything and still keep your job if you're in the union. we will explain when "power lunch" returns. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been...
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ineptitude, corruption, and big union thuggery. maybe that's redundant. >> where is mayor dave bing on this? i thought he was going to be here. i know governor snyder has tried to essentially take over detroit, but i don't think he succeeded. so where is bing on this? >> dave bing has come out and said yeah, people have an entitlement mentality. the workers in the city of detroit, he knows. dave bing has done some things wrong, but he's a lot closer to it than joanne watson is. the governor tried to take over, tried to use an emergency manager power to say that the state can take over. and the city of detroit, the people went nuts. they called it racism, they called it all kinds of stuff and said they're taking away our vote. larry, i stood with them. i said you're right, those people should have their vote. but when detroit screws up, when the mayor of the council screws up, you're on your own. don't expect a bailout from us if you want that local power. >> we're going to leave it there. doc thompson, thank you very much. well put
ineptitude, corruption, and big union thuggery. maybe that's redundant. >> where is mayor dave bing on this? i thought he was going to be here. i know governor snyder has tried to essentially take over detroit, but i don't think he succeeded. so where is bing on this? >> dave bing has come out and said yeah, people have an entitlement mentality. the workers in the city of detroit, he knows. dave bing has done some things wrong, but he's a lot closer to it than joanne watson is. the...
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on the other side, fighting to defend union rights, you'll find, naturally, unions, which of course will be essentially gotten rid of with this legislation that the republicans and their conservative donors are pushing through. think about that. it's kind of a striking thing here. the raw political side of this. the nation magazine looked into who the supporters were on both sides of this issue, and they found that the only competition on the pro union rights side is the unions themselves. who of course this fight is designed to quash, to make go away. it's a handy way of getting your way, right? existentially erasing your opposition. it's the politics of process as much or more than it is the politics of substance. so, you know, you keep the other side's voters from voting somehow. you screw up the district map, so no matter how many more votes are cast for team a over team b. it's team b that always wins a majority of the seats anyway. you use state law to eliminate the existence of institutions that tend to support the other party come election time. it's not about persuading voters.
on the other side, fighting to defend union rights, you'll find, naturally, unions, which of course will be essentially gotten rid of with this legislation that the republicans and their conservative donors are pushing through. think about that. it's kind of a striking thing here. the raw political side of this. the nation magazine looked into who the supporters were on both sides of this issue, and they found that the only competition on the pro union rights side is the unions themselves. who...
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it obscures the fact of how wealthy the unions are. from the city journal article, in the last decade, the teachers unions spent more on politics in the last decade than the oil industry and the pharmaceutical industry and the tobacco industry combined. >> greta: don't they worry with the bad situation economically in california, and they're in a really tough situation, don't you think they worry that in 2011 they were 5400 who have pensions of over $100,000, if you look at the numbers and everything else that's going on in the state, i mean, it is in such deep trouble, wouldn't you think they would be terrified that they're running people out of the state and losing any tax base? of course, they did just recently vote to raise taxes. >> look at what happened in wisconsin. it's not as if public sector unions said oh, gosh, we should just take these reforms and not roprotest. it was a fight to the death in wisconsin. >> greta: even that was a push. a negotiated settlement where it works with both sides is the best way to do it. >> that'
it obscures the fact of how wealthy the unions are. from the city journal article, in the last decade, the teachers unions spent more on politics in the last decade than the oil industry and the pharmaceutical industry and the tobacco industry combined. >> greta: don't they worry with the bad situation economically in california, and they're in a really tough situation, don't you think they worry that in 2011 they were 5400 who have pensions of over $100,000, if you look at the numbers...
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when the bill becomes law, unions will have the right to make their case. now workers will have the right to make their decision. >> can i switch gears briefly on the question of detroit city, its terrible finances, the likelihood that it's going into bankruptcy, some of the local politicians asked president obama to bail out detroit city. do you think a bail out like that's coming? >> i think we need detroit to accept responsibility. we need a healthy detroit. in michigan we want a healthy detroit. we need detroiters to accept responsibility. they are free to ask the president for more money. i can tell you there will not be more money coming from lansing. we need to get detroit fixed and move forward together. >> apparently mayor dave bing, the former basketball great and a good businessman before he was mayor says, and i will quote -- he blames the culture of victimization and entitlement for detroit's woes. i can write that large for the entire usa budget deficit but let's stick to detroit. is the mayor correct? >> i will leave mayor bing to stand for h
when the bill becomes law, unions will have the right to make their case. now workers will have the right to make their decision. >> can i switch gears briefly on the question of detroit city, its terrible finances, the likelihood that it's going into bankruptcy, some of the local politicians asked president obama to bail out detroit city. do you think a bail out like that's coming? >> i think we need detroit to accept responsibility. we need a healthy detroit. in michigan we want a...
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viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called? it's called the gop. wait until you see these stats. it's like jay walking with jay leno. i don't know who these people are. anyway, "hardball," the place for politics, coming up. >>> here's what's happen. iran says it captured a u.s. drone and released a videotape but the u.s. denies losing any. >>> prince william visited his pregnant wife kate at the london hospital where she's being treated for acute morning sickness. back to "hardball." >>> remember the twilight zone on television with rod serling? according to the public policy poll out today, 25% of republicans, that's a quarter of all republicans you know, say they would support their state seceding from the union because of president obama's re-election. another 19% said they weren't sure whether their state should secede or not. that means leave america, become something else. it isn't ju
viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called? it's called the gop. wait until you see these stats. it's like jay walking with jay leno. i don't know who these people are. anyway, "hardball," the place for politics, coming up. >>> here's what's happen. iran says it...
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union benefits for free. they claim the real goal is to weaken organized labor. >> these so called right to work laws, they don't have to do with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. >> this is a state issue. indiana did this under governor mitch daniels a couple years ago. they've had some job growth since then. we have to compete. my district is along the state line. we have to compete with them. >> reporter: if it happens, this would be -- michigan would be the 24th state toes pa the law. the house and senate approved their own versions last week. they're set to pass final bill tomorrow. opponents are promising more protests. the republican governor said he will sign that bill. >>> we saw the egyptian president try to give himself broad new powers, basically make himself a dictator. he backed off over the weekend on that, but now he's apparently making a move to turn the army against the people. that's just ah
union benefits for free. they claim the real goal is to weaken organized labor. >> these so called right to work laws, they don't have to do with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. >> this is a state issue. indiana did this under governor mitch daniels a couple years ago. they've had some job growth since then. we have to compete. my district is along the state line. we have to...
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all the legislation does is make optional union dues and union memberships with the exception of police and firefighters. stuart: thank you so much. the unions say they are getting rights for all of the workers. it is amazing to me that they are trying to compel somebody to force them to join a group. it seems to violate your liberty. adam: look at what happened in wisconsin. the membership stopped donating once it became volunteer. 75% stopped donating to their unions. melissa: that is amazing. they said people wanted to be part of the union, but the economic times are so tough and given the choice, they figured it was not worth the money. adam: it would be a question for the labor movement, what is the role in 2013. melissa: forget the better than expected jobs report. fiscal cliff worries still weighing down the market. adam: deal or no deal, the federal government will still be flowing through trillions of dollars we do not have. it is all about spending. next. ♪ adam: today's jobs report beating estimates, 146,000 jobs created in november and the unemployment rate dropping to the
all the legislation does is make optional union dues and union memberships with the exception of police and firefighters. stuart: thank you so much. the unions say they are getting rights for all of the workers. it is amazing to me that they are trying to compel somebody to force them to join a group. it seems to violate your liberty. adam: look at what happened in wisconsin. the membership stopped donating once it became volunteer. 75% stopped donating to their unions. melissa: that is...
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employment of the union dues and take it and give it to the union. that is that. legislature in michigan are classes that is not an recognizes the not to associate, they can do whatever union they want, and seek to bargain collectively but it can't force people to join them or support them financially. tracy: isn't this about political donations at the end of the day? they go from your paycheck to his. >> the unions have gotten into a seductive dance with the politicians. we will get you in office, you get us more people paying dues. we will use the dues to contribute to your campaign, you will get those from us come you keep doing this. the loss o laws that force peopo join our unions so we have more money to share with you. it is reprehensible because it takes away basic human right, the right to choose whether or not to join the union. ashley: what are the unions frightened of? so they will be backing out. >> they are afraid of the symbolism. this is motown, this is detroit, this is the heart of the american automobile industry. ashley: the union
employment of the union dues and take it and give it to the union. that is that. legislature in michigan are classes that is not an recognizes the not to associate, they can do whatever union they want, and seek to bargain collectively but it can't force people to join them or support them financially. tracy: isn't this about political donations at the end of the day? they go from your paycheck to his. >> the unions have gotten into a seductive dance with the politicians. we will get you...
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even the former soviet union russia got rid of their death tax. countries around the world figure out it makes no sense to tax and tax and tax again. get rid of it. >> actually 28 out of 34 of the oecd advanced economy countries have either a wealth tax or estate tax. so factual error number one. number two, you're absolutely right. if you were to completely abolish this which nobody is talked about except dan mitchell, i guess. you'd be talking about something like half a trillion dollars of revenue lost over the next ten years. where you're going to get that from? you're going to get that from programs that help lower income people or the middle class themselves. now you're talking about literally a transfer from the top .2%. not 2%. but this tax only hits the two in 1,000 most wealthy estated. .2%. and that's because of the exemptions we were talking about. currently $5 million for an individual, $10 million for a couple. this is a rare atmosphere up there. it would be a huge hit to the deficit. >> jared, it's not your money. it's not the gover
even the former soviet union russia got rid of their death tax. countries around the world figure out it makes no sense to tax and tax and tax again. get rid of it. >> actually 28 out of 34 of the oecd advanced economy countries have either a wealth tax or estate tax. so factual error number one. number two, you're absolutely right. if you were to completely abolish this which nobody is talked about except dan mitchell, i guess. you'd be talking about something like half a trillion...
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honorary union member. so is leaseman actually. maybe you can -- >> the president -- >> maybe -- you probably with -- >> workers fly i guess. we are strong, solid, more than ever. >> you probably need protection. >> probably do. >> are you surprised at the 2.7 in the market and everything in the face of what we're telling people as such a horrifying possibility that the things have been -- the jobs number, we're going along pretty well, aren't we? >> we kind of are. i think sometimes we forget that -- that the market discounts economic stuff and doesn't discount political preferences. we also forget how well american businesses have done over the last four years. so it's been -- i think we'd agree, whatever side of the political divide you fall on, this has not been the friendliest possible situation for business. i think american corporations have done a terrific job of coping with a tough regulatory environment, a tough financial. the aftermath of this financial crisis. a lot of negative publicity. and ma
honorary union member. so is leaseman actually. maybe you can -- >> the president -- >> maybe -- you probably with -- >> workers fly i guess. we are strong, solid, more than ever. >> you probably need protection. >> probably do. >> are you surprised at the 2.7 in the market and everything in the face of what we're telling people as such a horrifying possibility that the things have been -- the jobs number, we're going along pretty well, aren't we? >> we...
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we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> time for power rundown. on itunes and google maps, among free iphone maps, is this the final nail in apple's mac app. >> i think the most interesting thing that this shows us is that apple customers even care about -- >> this is such a big goof for for them. you have a visual aid. >> i do. according to apple maps, this is where it says we are right now. >> secret underwater studio. we are in the hudson. >> right in the middle of the hudson river. if you were navigating by this thing, you would be very wet. >> this segment is sinking. >> i don't know -- >> this is a huge screw-up for them. >> it
we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> time for power rundown....
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unions look bad. you can see in the video that there was a set up for food and a caterer actually inside of the tent. clinton tarver who lost his equipment. he is an africa-american and he said a number of racial slurs were thrown his way. they said he deserved what he got. he -- the community raised money to replace his equipment and off set his losses. no charges so far have been filed. >> brian: it is funny, we have video . wounder if steven crowder steps up . this is it santy being sensored we report, you decide. >> gretchen: you still believe in the american dream of owning a home. what $125,000 can buy you in different parts of the country. >> brian: biggest difference was frosty. >> steve: we heard that. ♪ ♪ this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital
unions look bad. you can see in the video that there was a set up for food and a caterer actually inside of the tent. clinton tarver who lost his equipment. he is an africa-american and he said a number of racial slurs were thrown his way. they said he deserved what he got. he -- the community raised money to replace his equipment and off set his losses. no charges so far have been filed. >> brian: it is funny, we have video . wounder if steven crowder steps up . this is it santy being...
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unions. not about collective bargaining. this is solely focused on their relationship. shouldn't people have the opportunity to say they want to belong or not? >> michigan could soon be a right-to-work state. will others follow? joining us now is uaw member and spokesman for the michigan freedom-to-work coalition brian penebaker. you are a line worker right now, correct? >> that's right i'm assembly worker at the sterling axle plant in sterling heights. >> tell us what your reaction is to governor snyder's willingness, desire and push to make michigan a right-to-work state? >> well, what he said is exactly true. up until now, workers in michigan, if you hire in at a shop that has union representation, you were forced to become a member of the union. but about 35 or 40% of the workers are conservatives that vote republican and they don't agree with all the union's political activities so we have always wanted our ability to not join the union and not be forced to pay dues. and now we are going
unions. not about collective bargaining. this is solely focused on their relationship. shouldn't people have the opportunity to say they want to belong or not? >> michigan could soon be a right-to-work state. will others follow? joining us now is uaw member and spokesman for the michigan freedom-to-work coalition brian penebaker. you are a line worker right now, correct? >> that's right i'm assembly worker at the sterling axle plant in sterling heights. >> tell us what your...